Normative Social Influence Involves Conforming in Order to Be Accepted

question 237

Multiple Choice

Normative social influence involves conforming in order to be accepted by others or to avoid social rejection,while people conforming to the behaviours or opinions of others because they believe that these others have accurate knowledge and know what is "right" involves ____________ social influence.

• A) facilitative
• B) informational
• C) transformational
• D) confirmational

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Definitions:

Maximum Earning

The highest possible income or profit that an entity or individual can achieve under given conditions.

Contestable Market

A market in which the costs of entry and exit are low, so a firm risks little by entering. Efficient production and zero economic profits should prevail in a contestable market.

Economic Profits

Profits earned by a firm after accounting for both its explicit and implicit costs, including opportunity costs.

Property Rights

The legal rights to use, control, and derive benefits from a resource, good, or property.